The Hilb Group acquired Connecticut-based Gerardi Insurance Services Inc., increasing its New England footprint. The transaction became effective October 1, 2021.
Based in Putnam, Connecticut, Gerardi Insurance offers property/casualty and employee benefits products and services for clients throughout the region. Agency Principals Matthew Desaulnier and Edward Desaulnier and their team of insurance professionals will be joining Hilb Group’s New England regional operations.
The Hilb Group is a property/casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Virginia. It is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group seeks to grow through strategic acquisitions and by leveraging its resources and expertise to drive organic growth in its acquired agencies. The company has completed more than 120 acquisitions and now has more than 100 offices in 21 states.
Source: The Hilb Group
Was this article valuable?
Here are more articles you may enjoy.
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry 
Viewpoint: Insurance and AI – A Double-Edged Sword 
New York Hospital Insurer Files for Bankruptcy, Citing Child Sex Abuse Claims 
